Answer:
The predicted sales revenue for 2017=$501,334.008
Explanation:
If something reduces at a constant rate over a specified period of time, then it can be represented using an exponential function as follows;
y=a(1-r)^x, or y=ab^x
where;
y=final sales revenue after the reduction
a=initial sales revenue before the reduction
1-b=reduction factor
x=time interval
In our case;
y=$590,000
a=$780,000
1-r=b=unknown
x=2011-2000=12 years
replacing;
590,000=780,000.b^12
b^11=590,000/780,000=0.756
b=0.756^(1/12)
b=0.977
r=1-0.977=0.023
Determine predicted sales revenue;
y=ab^x
y=sales revenue in 2017
a=sales revenue in 2011=$590,000
b=0.977
x=7 years
replacing;
y=590,000(0.977)^7
y=$501,334.008
The predicted sales revenue for 2017=$501,334.008
Answer:
E.In equilibrium, the expected return on Stock A will be greater than that on B.
Explanation:Beta is a measure used in the stock marketing to describe how volatile a stock is compared the the overall market. A stock with a Beta greater than one signifies that a share is more volatile than the overall market, while a Beta less than one signifies that the market is more volatile than the stock.
IN EQUILIBRIUM, STOCK A WITH A BETA GREATER THAN ONE WILL BE MORE PROFITABLE AND GENERATE MORE INCOME THAN STOCK B WHICH HAS A LOWER BETA THAT IS LESS THAN ONE.
Answer:
A 2.9% pay increase in 2014 for U.S. workers will cause the AS (aggregate supply) curve to shift inward in the short-run, signaling a decline in the quantity supplied.
Explanation:
The supply quantity declines because a pay increase increases suppliers' cost of production and reduces their ability to produce more goods and services. On the contrary, a fall in workers' pay causes the aggregate supply curve to shift outward, thereby increasing the quantity supplied. In the long-run, the pay increase will increase aggregate demand, thereby pushing prices to increase, while, at the same, suppliers try to increase the quantity supplied to meet with increased prices and demand.
Answer:
aswer is
Explanation:
because is Hp is globally science
Answer:
Consumer Surplus = $1.50
Explanation:
Consumer surplus is the difference between what a consumer is willing to pay for a given amount of goods or services and what he ends up paying.
Therefore,
Consumer surplus = Amount consumer is willing to pay less amount paid
Given that
Elvis is willing to pay 5 + 4 + 4.50 = 13.50 for three
Price of 3 sandwich = 3 × 4 = 12
Consumer surplus = 13.50 - 12
= $1.50
